Kovera Sint Joris Winge: what changed
Kovera Sint Joris Winge
Largest movements
- Cash -€50,006
down €50,006 (-88.2%), from €56,665 to €6,659
mainly Debts after one year (-€83,096) and Trade debts (-€35,865)
- Deferred charges and accrued income -€17,528
down €17,528 (-100%), from €17,528 to €0
- Tangible fixed assets -€12,782
down €12,782 (-1.3%), from €987,100 to €974,318
of which Land and buildings: -€22,505
- Debts after one year -€83,096
down €83,096 (-9.8%), from €845,893 to €762,797
- Other debts +€68,178
up €68,178 (+283%), from €24,063 to €92,242
- Trade debts -€35,865
down €35,865 (-32.1%), from €111,847 to €75,982
- Profit (loss) carried forward -€30,108
down €30,108, from €3,650 to -€26,459
- Other operating charges +€18,593
up €18,593 (+103%), from €18,130 to €36,724
- Depreciation +€4,832
up €4,832 (+16.2%), from €29,763 to €34,595
- Financial charges +€2,984
up €2,984 (+11.5%), from €25,871 to €28,855
- Financial income +€1,482
new in 2025: €1,482
- Gross operating margin -€745
down €745 (-1.1%), from €69,329 to €68,584
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,091,379 | €1,012,659 | -€78,720 | -7.2% |
| Fixed assets | 21/28 | €987,100 | €974,318 | -€12,782 | -1.3% |
| Tangible fixed assets | 22/27 | €987,100 | €974,318 | -€12,782 | -1.3% |
| Land and buildings | 22 | €987,100 | €964,595 | -€22,505 | -2.3% |
| Plant, machinery and equipment | 23 | - | €9,723 | +€9,723 | |
| Current assets | 29/58 | €104,279 | €38,340 | -€65,938 | -63.2% |
| Amounts receivable within one year | 40/41 | €30,086 | €31,681 | +€1,595 | +5.3% |
| Other amounts receivable | 41 | €30,086 | €31,681 | +€1,595 | +5.3% |
| Cash at bank and in hand | 54/58 | €56,665 | €6,659 | -€50,006 | -88.2% |
| Deferred charges and accrued income | 490/1 | €17,528 | €0 | -€17,528 | -100% |
| Total equity and liabilities | 10/49 | €1,091,379 | €1,012,659 | -€78,720 | -7.2% |
| Equity | 10/15 | €28,650 | -€1,459 | -€30,108 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,650 | -€26,459 | -€30,108 | |
| Amounts payable | 17/49 | €1,062,729 | €1,014,117 | -€48,612 | -4.6% |
| Amounts payable after more than one year | 17 | €845,893 | €762,797 | -€83,096 | -9.8% |
| Financial debts | 170/4 | €845,893 | €762,797 | -€83,096 | -9.8% |
| Amounts payable within one year | 42/48 | €216,836 | €251,320 | +€34,484 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €80,926 | €83,096 | +€2,171 | +2.7% |
| Trade debts | 44 | €111,847 | €75,982 | -€35,865 | -32.1% |
| Suppliers | 440/4 | €111,847 | €75,982 | -€35,865 | -32.1% |
| Other amounts payable | 47/48 | €24,063 | €92,242 | +€68,178 | +283% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,763 | €34,595 | +€4,832 | +16.2% |
| Other operating charges | 640/8 | €18,130 | €36,724 | +€18,593 | +103% |
| Gross operating margin | 9900 | €69,329 | €68,584 | -€745 | -1.1% |
| Operating profit (loss) | 9901 | €21,435 | -€2,735 | -€24,170 | |
| Financial income | 75/76B | - | €1,482 | +€1,482 | |
| Recurring financial income | 75 | - | €1,482 | +€1,482 | |
| Financial charges | 65/66B | €25,871 | €28,855 | +€2,984 | +11.5% |
| Recurring financial charges | 65 | €25,871 | €28,855 | +€2,984 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,436 | -€30,108 | -€25,673 | -579% |
| Profit (loss) for the period | 9904 | -€4,436 | -€30,108 | -€25,673 | -579% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,436 | -€30,108 | -€25,673 | -579% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.